TASI falls 1.8% to 10,364 pts, records lowest close since October 2023
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) fell 1.8%, or 185 points, to 10,364 points today, Jan. 4, recording its lowest close since October 2023.
Total turnover reached nearly SAR 2.6 billion.
The benchmark opened at 10,538 points, touched a high of 10,539 points, and slipped to a low of 10,349 points.
Market Index
The majority of the stocks fell, with Saudi Aramco and Al Rajhi Bank down by 2% to SAR 23.50 and SAR 96, respectively.
SNB, Maaden, ACWA Power, Sulaiman Al-Habib, Riyad Bank, BSF, Almarai, Bank Albilad, Alinma Bank, SAB and SABIC declined between 1% and 4%.
UCIC, Gulf Union Alahlia and Arriyadh Development fell by 5%.
Company Prices
| Company | Price | Change | Change (%) | Events |
|---|---|---|---|---|
| GACO | 16.02 | (0.48) | (2.91 %) | - |
| ALRAJHI | 96.00 | (1.70) | (1.74 %) | - |
| QACCO | 42.00 | (0.30) | (0.71 %) | - |
| SABIC | 50.55 | (0.85) | (1.65 %) | - |
| NORTHERN CEMENT | 7.11 | (0.10) | (1.39 %) | - |
| UACC | 12.24 | (0.23) | (1.84 %) | - |
| SNB | 37.18 | (0.88) | (2.31 %) | - |
| SAUDI ARAMCO | 23.50 | (0.38) | (1.59 %) | - |
| ACWA POWER | 178.20 | (5.80) | (3.15 %) | - |
| MARAFIQ | 36.02 | (1.16) | (3.12 %) | - |
| RIYADH CEMENT | 23.60 | (0.27) | (1.13 %) | - |
| LUBEREF | 95.00 | (0.90) | (0.94 %) | - |
| NCLE | 138.70 | (4.60) | (3.21 %) | - |
| EQUIPMENT HOUSE | 32.44 | 0.10 | 0.31 % | - |
| ALINMA HOSPITALITY REIT | 8.33 | 0.00 | 0.00 % | - |
Meanwhile, SIECO was the top gainer, rising by 10% to SAR 2.56. Nearly 30 million shares were traded.
Burgerizzr closed at SAR 9.39 (+2%) after the extraordinary general assembly approved the capital increase.
Write to Parag Deulgaonkar at parag.d@argaam.com
Number of High/Low companies
Market Movers
| Company | 52 Weeks Range | Price | Change | Price Earnings |
|---|---|---|---|---|
| SIECO | 2.56 | 9.87 % | NEG | |
| NAQI | 58.80 | 2.53 % | 88.85 | |
| ALBILAD GOLD ETF | 22.95 | 2.46 % | - | |
| BURGERIZZR | 9.39 | 2.17 % | 91.49 | |
| CHEMICAL | 6.66 | 1.99 % | 19.30 | |
| SADR | 2.65 | 1.92 % | NEG | |
| ALYAMAMAH STEEL | 33.00 | 1.85 % | 28.09 | |
| ALBILAD HONG KONG CHINA ETF | 11.64 | 1.75 % | - | |
| EMAAR EC | 10.13 | 1.20 % | NEG | |
| CHERRY | 24.85 | 1.10 % | 10.58 |
Companies trading above 3-Month Average
| Company | Average Volume (3M) | Volume | Percentage Change |
|---|---|---|---|
| SIECO | 2,785,460.00 | 29,576,965.00 | 961.83 % |
| YAQEEN PETROCHEMICAL ETF | 4,557.00 | 24,474.00 | 437.06 % |
| SADR | 1,026,391.00 | 4,228,727.00 | 312.00 % |
| SABI QUANT ETF | 1,050.00 | 3,590.00 | 241.90 % |
| ALINMA RETAIL REIT | 165,035.00 | 563,072.00 | 241.18 % |
| EQUIPMENT HOUSE | 52,852.00 | 162,419.00 | 207.31 % |
| BURGERIZZR | 481,092.00 | 1,404,706.00 | 191.98 % |
| NAQI | 59,392.00 | 155,751.00 | 162.24 % |
| SAUDI DARB | 2,767,261.00 | 6,485,281.00 | 134.36 % |
| ABO MOATI | 574,771.00 | 1,253,720.00 | 118.13 % |
| More | |||
Companies achieved the highest and lowest closings in 52 weeks
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Calendar
Sector Closure
Sector
Value
Change
Change (%)
Most Active Companies
Name
Price
Change (value)Change (%)
Brent Crude Oil
59.99
(0.71)
(1.18 %)
Nymex
56.23
(0.90)
(1.58 %)
Natural Gas
3.49
0.15
4.23 %
Gold
4,445.69
(48.87)
(1.09 %)
Silver
78.33
(2.71)
(3.33 %)
High Grade Copper
5.96
(0.10)
(1.64 %)
Iron Ore
106.79
0.66
0.62 %
Aluminum
3,085.50
(30.00)
(0.96 %)
LEAD
2,078.00
8.00
0.39 %
Zinc
3,239.00
(6.00)
(0.19 %)
Steel
961.00
(2.00)
(0.21 %)
Wheat (CBOT)
512.75
2.20
0.43 %
Corn (CBOT)
445.00
1.00
0.23 %
Coffee (ICEUS)
373.85
14.50
4.05 %
Whole Milk Powder
3,500.00
(175.00)
(5.00 %)
Skim Milk Powder
2,387.50
(25.00)
(1.05 %)
Refining margins
12.03
(1.53)
(11.28 %)
VLCC "Spot"
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LPG (mt) ($)
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Fujairah Fuel Pric (mt) ($)
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VLCC "TC/1Year" ($)
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